(DAC) Danaos Corporation complete technical analysis [charts+indicators] | Buy/Sell Danaos Corporation | (DAC) share price targets
Complete technical analysis of Danaos Corporation (DAC) by charts plus indicators, forecast predictions and share price targets for Danaos Corporation (DAC)
Danaos Corporation trades in USA in Transportation sector.
Showing technical analysis as on 2024-02-26 View latest technical analysis
10 day averaged volume of Danaos Corporation is 109300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 72.75 | 73.46 | 73.46 | 72.25 | 0.663 times |
| 23 Fri Feb 2024 | 73.40 | 72.51 | 73.53 | 72.02 | 0.731 times |
| 22 Thu Feb 2024 | 72.31 | 72.30 | 72.85 | 71.75 | 0.879 times |
| 21 Wed Feb 2024 | 72.28 | 71.18 | 72.49 | 70.49 | 0.96 times |
| 20 Tue Feb 2024 | 70.86 | 71.64 | 71.64 | 70.10 | 1.104 times |
| 16 Fri Feb 2024 | 71.67 | 72.04 | 72.50 | 71.29 | 0.977 times |
| 15 Thu Feb 2024 | 72.04 | 72.36 | 72.85 | 71.66 | 1.177 times |
| 14 Wed Feb 2024 | 72.57 | 72.65 | 74.95 | 72.02 | 1.736 times |
| 13 Tue Feb 2024 | 75.45 | 75.99 | 76.44 | 74.98 | 1.009 times |
| 12 Mon Feb 2024 | 76.06 | 74.97 | 76.50 | 74.97 | 0.904 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 72.3 as stoploss in an intra day buy trade for a target of 74.08. However, stock will show a bearish move below 72.3.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 62.37 |
| Downside Target | 63.87 |
| Downside Target | 66.45 |
| Downside Target | 68.00 |
| Downside Target | 70.10 |
| Upside Target | 74.00 |
| Upside Target | 74.78 |
| Upside Target | 75.46 |
| Upside Target | 76.50 |
| Upside Target | 77.44 |
| Upside Target | 78.25 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 72.18 |
| Downside Intraday Target | 71.61 |
| Upside Intraday Target | 73.39 |
| Upside Intraday Target | 74.03 |
| Upside Intraday Target | 72.82 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 72.75 | 73.46 | 73.46 | 72.25 | 0.181 times |
| 23 Fri Feb 2024 | 73.40 | 71.64 | 73.53 | 70.10 | 0.633 times |
| 16 Fri Feb 2024 | 71.67 | 74.97 | 76.50 | 71.29 | 1.227 times |
| 09 Fri Feb 2024 | 74.34 | 74.05 | 75.46 | 72.77 | 0.984 times |
| 02 Fri Feb 2024 | 74.30 | 77.30 | 78.25 | 73.27 | 1.085 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Danaos Corporation (DAC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 72.75 | 76.77 | 77.44 | 70.10 | 0.702 times |
| 31 Wed Jan 2024 | 76.28 | 74.13 | 80.39 | 74.00 | 1.098 times |
| 29 Fri Dec 2023 | 74.06 | 70.40 | 74.78 | 66.45 | 0.985 times |
| 30 Thu Nov 2023 | 70.36 | 66.27 | 70.56 | 62.37 | 1.377 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Danaos Corporation (DAC)
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Danaos Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Danaos Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 72.85 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Danaos Corporation (DAC) stock. Volume based technical analysis of Danaos Corporation (DAC) stock is negative.
Danaos Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Danaos Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Danaos Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 72.85 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Danaos Corporation (DAC) stock. Volume based technical analysis of Danaos Corporation (DAC) stock is negative.
Danaos Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.